RedStone X zkLink:A quick case study
Keep all sleam and concise
Last updated
Keep all sleam and concise
Last updated
zkLink Nova has integrated RedStone Oracles, marking a significant milestone as the first oracle on a Layer 3 network. zkLink Nova, known as the pioneering Aggregated Layer 3 Rollup zkEVM network, is built with ZK Stack and zkLink Nexus, aiming to kickstart a vibrant Layer 3 DeFi ecosystem on Nova with RedStone’s adaptable oracle solutions.
zkLink Nova simplifies DeFi by aggregating liquidity and assets onto Ethereum and its Layer 2 Rollups, leveraging zero-knowledge proofs for enhanced scalability and security. It offers a stack-agnostic platform for deploying Solidity smart contracts, ensuring seamless access to aggregated liquidity from various integrated Ethereum Layer 2 networks like Arbitrum and zkSync.
The integration of RedStone Oracles into zkLink Nova enhances the functionality and reliability of DeFi projects on the network, while also signaling a promising future for Layer 3 DeFi. RedStone’s technology brings precision and efficiency to zkLink Nova, empowering developers to innovate within the familiar Solidity environment and benefit from aggregated liquidity.
zkLink is doubling down on ecosystem development, inviting dApp developers to leverage its Aggregated Layer 3 through an ecosystem grants program. This program provides milestone-based funding to support the development of various DeFi solutions.
The partnership underscores the critical role of oracles in DeFi, providing essential data for applications reliant on external inputs. With RedStone’s oracles, zkLink Nova becomes an appealing platform for developers seeking to contribute to the Layer 3 DeFi ecosystem.